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FEDERAL .i • statistical RESERVE release March 7, 1967. /72 CONSUMER INSTALMENT CREDIT A T COMMERCIAL BANKS 1 . JANUARY 1967 i •• Corisumei Instalment credit outstanding at commercial banks decreased $122 miTrToirTjr™Janriary to $32,033 million at the month-end. All types of indebtedness except other consumer goods paper contributed to the decline. Purchased automobile paper was down more than other types of.credit in January but accounted for approximately one-third of the total expansion of $2,832 million over the year-period. . The volume of credit extended in January, which customarily falls below that of the preceding month, was down by ,$175 million. Although all types of credit showed decreases during the month, both other consumer goods credit and personal loan volume were larger than in January 1966. Consumer Instalment Credit at Commercial Banks (Estimates, in millions of dollars) Type of credit Automobile paper, total Volume extended: Change from: Amounts outstanding Change from: Month Year ago ago Jan. 1967 Jan. 31, 1967 Month ago Year ago 17,415 -120 +1 ,361 1,147 -80 - 15 11,267 6,148 -103 - 17 + + 95.3 408 709 438 -60 -20 3 - 12 5,176 + 75 + 883 483 -22 +105 2,532 6,910 - 35 - 42 + + 21 567 79 639 -14 -59 + 2?, , 32,033 -122 +2 ,832 2,348 -175 +108 1,401 4,219 1,905 - 12 - 15 8 + • 84 + 154 + : 119 6 102 ; 316 + 13 132 9 + 7 + 37 + 17 2,552 2,440 2,868 7 - 16 3 + + + 381 134 365 174 168251 -12 -16 - 37 + 17 + 3 1 Chicago St. Louis Minneapolis 4,931 1,495 995 - 45 + 7 9 + + 378 121 112 318 113 70 - 64 + 7 8 - 31 + 15 " + 1 Kansas City Dallas San Francisco 1,648 1,973 5,606 + 8 - 14 8 140 140 424 2 - 20 - 21 + 18 3 + 28 Purchased Direct Other consumer goods Home repair and modernization Personal loans TOTAL' - 5 Federal Reserve District: Boston New Y o r k Philadelphia Cleveland Richmond Atlanta . + + + + 178 185 621 .
